Any thoughts about this reddit post? EDG seems like a goldmine if his numbers are correct.
https://www.reddit.com/r/Edgeless/comments/61aune/thoughts_about_edgeless_roi_assumed_calculations/If you will check the satochi dice daily volume, it was about 50 000 BTC/day in 2013. 50k*30=1500000BTC per month. If we will assume Edgeless casino games (there will be many games, including sports betting) will have the same volume in ETH (1,5mln ETH bets/month) and about 1% of profit, there will be 15000ETH/month for casino and 6000ETH will go to Lounge.
There are 132,046,997 EDG tokens. 50mln tokens are frozen and can't participate in lottery (I assume they will have no ability to participate in future too) 82046997 EDG will be able to play in Lounge lottery with ~6000ETH monthly fund.(All calculations are estimated and may be absolutely wrong). So if all possible EDG will participate in a lottery, 1 EDG will have 6000ETH/82046997EDG = 0,000073129 ETH.
So to receive ~1ETH/month you will need to have ~13674EDG in a lottery. That is a 13,6 ETH at the time of ICO. In other words, early investors may receive ~1ETH/month forever for 13,6ETH one time investment. If that will work, EDG is a gold cow with an insane ROI.
NOTE: All calculations are absolutely estimated and may be wrong.